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Valentine's Day Spending To Hit Record High—And Not Just On Romantic Partners: Survey Valentine's Day Spending To Hit Record High—And Not Just On Romantic Partners: Survey
Valentine's Day Spending To Hit Record High—And Not Just On Romantic Partners: Survey Gift buying and date expenses for Valentine’s Day may reach new heights as Americans plan to spend more than ever on loved ones, a new survey said. US consumers will spend an estimated $27.5 billion in 2025, according to a survey from the National Retail Federation and Prosper Insights & Analytics. That would surpass the previous record of $27.4 billion in 2020 and 2024's total of $25.8 billion. Valentine's Day shoppers will spend an average of $188.81, slightly up from $185.81 in 2024. More than 56 percent plan to celebrate the holiday, an increase from 53 percent in 2024. M…

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by Chris Spiker
Business
Shoplifting Costs Retailers Billions: These Are Most Frequently Stolen Items Shoplifting Costs Retailers Billions: These Are Most Frequently Stolen Items
Shoplifting Costs Retailers Billions: These Are Most Frequently Stolen Items Shoplifting in the US is a costly epidemic, with retailers losing over $120 billion last year. The trend focuses on easily concealed, high-demand products at major retailers like Walmart and Target, posing a nationwide challenge for store owners and law enforcement. Electronics, health and beauty products, and food items are among the most commonly stolen goods, Capital One Shopping reports.  Small gadgets such as headphones and phone chargers, alongside over-the-counter medications and cosmetics, are frequent targets.  Alcohol, baby formula, and packaged meats are also popular …

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by Joe Lombardi
Business
Smile, You're On Body Camera: TJ Maxx To Equip Employees To Fight Shoplifting Smile, You're On Body Camera: TJ Maxx To Equip Employees To Fight Shoplifting
Smile, You're On Body Camera: TJ Maxx To Equip Employees To Fight Shoplifting To fight the recent rise in shoplifting and retail theft, shoppers could see store security employees wearing body-worn cameras to help catch thieves red-handed.  TJX, the parent company of TJ Maxx, Marshalls, Serria, HomeSense, and HomeGoods, said will begin equipping some employees with body-worn cameras similar to those worn by police, the Boston Globe reported. The company started testing the initiative last year.  The company operates nearly 3,400 stores nationwide.  A call to the Framingham, Massachusetts, headquarters of TJX for comment was not immediately r…

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by Josh Lanier
Police & Fire
Disguise Got Stones: Accused Member Of $10,000 Shoplifting Crew Fails To Fool Paramus PD Disguise Got Stones: Accused Member Of $10,000 Shoplifting Crew Fails To Fool Paramus PD
Disguise Got Stones: Accused Member Of $10,000 Shoplifting Crew Fails To Fool Paramus PD A member of an organized shoplifting crew that snatched more than $10,000 worth of merchandise from a Nordstrom in Paramus thought he could fool police by changing his clothes, authorities said. He ended up making it easy for police to bag him and his pals after they’d eluded a police dragnet more than three hours earlier, Paramus Chief Robert Guidetti said. Officers Matt Mulick and Joe Mastrofilipo had been flagged down by Nordstrom security after five people stole nearly 100 items from the Garden State Plaza store around 7:45 p.m. last Friday, Dec. 1, the chief said. Officers immediately…

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by Jerry DeMarco
News
COVID-19, Black Friday A 'Super Bowl' Combo For Newest Scams, Here's How To Not Get Beat COVID-19, Black Friday A 'Super Bowl' Combo For Newest Scams, Here's How To Not Get Beat
Covid-19, Black Friday A 'Super Bowl' Combo For Newest Scams, Here's How To Not Get Beat WATCH OUT: The combination of COVID-19 and Black Friday creates the ultimate game for criminals who are skilled at robbing online customers blind, New Jersey's top law enforcer warned. The opportunities for cashing in at your expense this week is "like the Super Bowl for cyber criminals," New Jersey Attorney General Gurbir S. Grewal said. "They are good at the game and have had time to practice and rehearse each play.”  Grewal and the Division of Consumer Affairs warned consumers to watch out for new online scams and a slew of cyber-attacks as the holiday shopping season kicks off on w…

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by Jerry DeMarco